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14 AUG 2026 FRIDAY
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Oil prices are running ahead of reality, pricing in a permanent US-Iran peace deal that does not yet exist. Brent crude’s price has drifted lower, despite reports of commercial shipping coming under attack in the Strait of Hormuz recently. Another commercial vessel was hit by an unknown projectile about 20 nautical miles northeast of Al ...
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news Hellenic Shipping News ·2026-08-06

Iran war: Oil banking on phantom deal

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